ICR

Infinite Reality’s SPAC Partner Engages BTIG as Capital Markets Advisor; Continues to Drive Robust Expansion and Strengthened Market Position

Retrieved on: 
Freitag, Mai 3, 2024
Virtual reality, AST SpaceMobile, ICR, Partnership, Drone, Acquisition, Warner Bros. Discovery, Marketing, T-Mobile, Growth

BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa.

Key Points: 
  • BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa.
  • Tom Bushey, Chief Executive Officer of Newbury commented, “Partnering with the BTIG team is critical to Newbury’s transaction with iR and the Company’s journey towards becoming a publicly traded company.
  • Their expertise is invaluable to Newbury as iR enters this next phase of growth with a public currency to further expand its immersive technology platform and services."
  • BTIG joins a strong roster of partners advising and working alongside iR as the Company pursues its capital markets strategy, including leading strategic communications and advisory firm, ICR.

AM Best Downgrades Issuer Credit Rating of Western Mutual Insurance Pool’s Members, Affirms Financial Strength Rating

Retrieved on: 
Donnerstag, Mai 2, 2024
Insurance, Professional Services, News, Risk, Policy, California Department, Credit, ICR, Western Mutual Insurance Group, AM Best, Wind, ERM, ALL

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Western Mutual Insurance Pool’s members: Western Mutual Insurance Company, Residence Mutual Insurance Company and Arizona Home Insurance Company (Scottsdale, AZ) (collectively referred to as Western Mutual).

Key Points: 
  • AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Western Mutual Insurance Pool’s members: Western Mutual Insurance Company, Residence Mutual Insurance Company and Arizona Home Insurance Company (Scottsdale, AZ) (collectively referred to as Western Mutual).
  • Mitigating water-related losses is a central focus as Western Mutual continues to tighten underwriting guidelines and refine the risk portfolio.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Omron and NEURA Robotics Partner to Unveil New Cognitive Robot and Seamless Integration of Automation Technologies at Automate 2024

Retrieved on: 
Donnerstag, Mai 2, 2024
Safety, AI, Robotics, Partnership, 3D, McCormick Place, Automation, Mobile robot, ICR, 3D printing

HOFFMAN ESTATE, Ill., May 2, 2024 /PRNewswire-PRWeb/ -- Omron Automation, a leading solution provider in industrial automation, and Neura Robotics GmbH, an innovation leader in cognitive robotics, recently announced their strategic partnership aimed at revolutionizing manufacturing efficiency through advanced AI-driven cognitive automation technologies. This collaboration will be highlighted at the upcoming Automate trade show in Chicago May 6-9 at McCormick Place, booth #2267, where the two companies will introduce the new Omron intelligent Cognitive Robot (iCR) series.

Key Points: 
  • Omron and Neura Robotics to unveil new line of cognitive robots and advanced AI-driven automation technologies at Automate.
  • HOFFMAN ESTATE, Ill., May 2, 2024 /PRNewswire-PRWeb/ -- Omron Automation, a leading solution provider in industrial automation, and Neura Robotics GmbH, an innovation leader in cognitive robotics, recently announced their strategic partnership aimed at revolutionizing manufacturing efficiency through advanced AI-driven cognitive automation technologies.
  • Omron and NEURA Robotics invite all attendees at Automate to engage with their technologies, share insights, and discuss the future potential of automation in their manufacturing environments.
  • For more information about Omron and its participation at Automate, please visit https://automation.omron.com/en/us/promotions/automate-2024
    For more information about NEURA Robotics and its participation at Automate, please visit https://www.automateshow.com/exhibitors/neura-robotics

 Clear Street Further Builds Institutional Division with Senior Hires in Prime Brokerage Business

Retrieved on: 
Donnerstag, Mai 2, 2024
Banking, Professional Services, Finance, Credit Suisse, Goldman Sachs, Wells Fargo, Capital, ICR, UBS, Bank of America, TD Securities, Entrepreneurship, Bank, Institution, Marketing, DeSimone, Partner, Head

Clear Street (“Clear Street,” “the Company”), a New York-based diversified financial services firm, today announced several recent senior-level hires within its Institutional division, comprised of prime brokerage and professional clearing businesses, further expanding its derivatives, algorithmic and cap intro teams.

Key Points: 
  • Clear Street (“Clear Street,” “the Company”), a New York-based diversified financial services firm, today announced several recent senior-level hires within its Institutional division, comprised of prime brokerage and professional clearing businesses, further expanding its derivatives, algorithmic and cap intro teams.
  • Clear Street added 160+ new institutional clients to its prime brokerage platform over the past year.
  • Additions to Clear Street’s Institutional division include:
    A 20-year industry veteran, Solomon has served as Head of Portfolio Finance at Weiss Multi-Strategy Advisors, Meritage Group, and Bank of America.
  • Dietz joins Clear Street after more than 30 years in equity and derivatives trading.

OMRON Partners with NEURA Robotics to Unveil New Cognitive Robot and Seamless Integration of Automation Technologies at Automate 2024

Retrieved on: 
Dienstag, April 30, 2024
Omron, Safety, AI, Robotics, Partnership, McCormick Place, Automation, Mobile robot, ICR, 3D printing

HOFFMAN ESTATES, Ill., April 30, 2024 /PRNewswire/ -- OMRON, leading solution provider in industrial automation, and Neura Robotics GmbH, innovation leader in cognitive robotics, recently announced their strategic partnership aimed at revolutionizing manufacturing efficiency through advanced AI-driven cognitive automation technologies. This collaboration will be highlighted at the upcoming Automate trade show in Chicago May 6-9 at McCormick Place, booth #2267, where the two companies will introduce the new OMRON intelligent Cognitive Robot (iCR) series.

Key Points: 
  • OMRON and Neura Robotics to unveil new line of cognitive robots and advanced AI-driven automation technologies at Automate.
  • HOFFMAN ESTATES, Ill., April 30, 2024 /PRNewswire/ -- OMRON, leading solution provider in industrial automation, and Neura Robotics GmbH, innovation leader in cognitive robotics, recently announced their strategic partnership aimed at revolutionizing manufacturing efficiency through advanced AI-driven cognitive automation technologies.
  • The OMRON iCR, derived from NEURA Robotics' MaiRA line, leverages integrated sensors and AI technologies to address the needs of industrial customers for flexibility, productivity, and efficiency.
  • For more information about Omron and its participation at Automate, please visit https://automation.omron.com/en/us/promotions/automate-2024
    For more information about NEURA Robotics and its participation at Automate, please visit https://www.automateshow.com/exhibitors/neura-robotics

AM Best Downgrades Issuer Credit Rating of Members of Auto Club Enterprises Group; Removes From Under Review With Positive Implications, Upgrades Credit Ratings of Wawanesa General Insurance Company

Retrieved on: 
Donnerstag, April 25, 2024
Professional Services, Insurance, Finance, ACE, Marginal, News, Credit, ICR, AM Best, Superior, Risk management, Wawanesa, ALL, FSR

The outlook of the Long-Term ICRs has been revised to stable from negative while the outlook of the FSR is stable.

Key Points: 
  • The outlook of the Long-Term ICRs has been revised to stable from negative while the outlook of the FSR is stable.
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Revises Issuer Credit Rating Outlook to Positive for Shinkong Insurance Company Limited

Retrieved on: 
Donnerstag, April 25, 2024
Professional Services, Insurance, Finance, News, Credit, ICR, AM Best, Communication, ERM, Long-Term Capital Management, ALL, COVID-19, FSR

AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Shinkong Insurance Company Limited (Shinkong Insurance) (Taiwan).

Key Points: 
  • AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Shinkong Insurance Company Limited (Shinkong Insurance) (Taiwan).
  • Shinkong Insurance also reported improved investment results in 2023 as interest and dividend income remained stable, while capital losses also shrank materially during the year.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Firehouse Subs Engages New Ecosystem of Agencies to Help Fuel Brand Growth with Orchard as Lead Creative Agency

Retrieved on: 
Dienstag, April 23, 2024
Marketing, Advertising, Retail, Communications, Restaurant, Bar, Food, Beverage, Public Relations, Investor Relations, CMO, JKR, Degree, ICR, Omnicom Group, Firehouse Subs, PHD, Fire station, Growth, Restaurant Brands International, Orchard, RBI

Following a competitive agency review, Firehouse Subs®, the firefighter-founded specialty sandwich brand with a passion for hearty, flavorful food and heartfelt service, has named Orchard its lead creative agency.

Key Points: 
  • Following a competitive agency review, Firehouse Subs®, the firefighter-founded specialty sandwich brand with a passion for hearty, flavorful food and heartfelt service, has named Orchard its lead creative agency.
  • This marks the first time Firehouse Subs has expanded beyond a single-agency approach since its founding in 1994 – a strategic decision that ushers in a new growth era for the brand.
  • With more than 1,200 mostly-franchised locations across 46 states, including Canada and Puerto Rico, Firehouse Subs actively engaged franchisee board of director members in the creative agency selection process.
  • JKR will act as design partner and help Firehouse Subs tell its visual story in a more compelling way, leaning into what makes the brand unique.

Battelle Innovations in Climate Resilience Conference to Convene Powerhouse Group of Climate Leaders from the White House, Department of Energy, Private Industry and Academia in Washington, DC on April 22-24

Retrieved on: 
Donnerstag, April 18, 2024
Defense, Environment, Environmental, Social and Governance (ESG), Other Science, Research, Public Policy, Government, Other Defense, Professional Services, Contracts, Other Natural Resources, Mining, Minerals, Environmental Policy, Forest Products, Agriculture, Natural Resources, Science, Climate Change, Utilities, Sustainability, Oil, Gas, Coal, Alternative Energy, Energy, Nuclear, White House, Federal Government, Congress, DOE, Policy, Climate, NSC, Climeworks, Health, ICR, Innovation, Partnership, REFS, Conference, United Nations Security Council, Yale University, Carbon, United States national laboratories, Communication, Society, Climate change, Food, Assistant, Food security, Private sector, Joe Biden, Howard University, Senior advisor, USAID, Renewable energy

“As Battelle approaches a century since its founding, even as threats to our society have evolved, we find our motto ‘It Can Be Done’ more relevant than ever.

Key Points: 
  • “As Battelle approaches a century since its founding, even as threats to our society have evolved, we find our motto ‘It Can Be Done’ more relevant than ever.
  • It underpins our approach to climate resilience,” said Battelle President and CEO Lou Von Thaer.
  • From the private sector, Douglas Chan, Chief Operating Officer, Climeworks will share his first-hand experience leading manufacturing and energy projects around the world.
  • For more information about this year’s event, visit the ICR24 website or send inquiries to [email protected] .

EQS-News: Aroundtown SA announces FY 2023 results with strong liquidity and solid operations

Retrieved on: 
Mittwoch, April 10, 2024
EV, Annual report, Growth, ICR, Heat, Devaluation, FY, ESG, MDAX, EPRA, Gold, LTV, Collection, FFO, Publication, Cryptocurrency

Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.

Key Points: 
  • Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.
  • Aroundtown (‘the Company’ or ‘AT’) announces results for the year 2023 in the top range of full year guidance, successfully navigating a volatile macroeconomic environment.
  • €1 billion in new bank debt during 2023 from a variety of different banks, utilizing the strong banking relationships.
  • You can find the Consolidated Report for FY 2023 on AT’s website under Investor Relations > Publications > Financial Reports or under this link: